Search Here

In Madhya Pradesh’s Vidisha on Monday, the dead body of a person who allegedly died in a train accident was transported in a garbage vehicle instead of a hearse van.
#MadhyaPradesh: Dead body of a person who allegedly died in a train accident was transported in a garbage vehicle instead of a hearse van. DC, Vidisha says 'I just got information about it, I'll inquire about it and seek a report from SDM that why hearse van did not reach there' pic.twitter.com/jOREVb45Lf
— ANI (@ANI) August...

England star all-rounder Ben Stokes has been found not guilty of affray, by the jury. Stokes had been arrested and charged with affray after a fight near a Bristol nightclub in September last year.
The Durham all-rounder denied the charge following the fracas between a group of men, the decision means England cricket can make changes in the squad for the Trent Bridge Test against India starting from August 18.
However, the inclusion of Ben Stokes fully depends on ECB's Cricket Disciplinary Commission...

Kundan Gold Refinery, the largest private gold refinery in India has received the best refiner and leading bullion awards at 15th India International Gold Convention on Monday held in Kochi.
The IIGC each year brings together the world bullion industry under one platform and has been into optimistic mode following the NITI Aayog report on transforming Indian gold markets.
People associated with the gold industry in India and abroad, trade organisations, financial institutions and policy experts...

The Board for Control of Cricket in India (BCCI) had appointed Ramesh Powar as the Head Coach of Indian Women’s Team on Tuesday till T-20 World Cup in West Indies. Powar, who was first asked to manage the team after the resignation of former coach Tushar Arothe, was handed over the full-time duties till November 30, 2018.
Speaking to media, BCCI Secretary Amitabh Choudhary said, "The BCCI has appointed Mr Ramesh Powar as Head Coach of the Indian Women’s Team. Mr Powar has now been handed over...

India skipper Virat Kohli slipped a spot down to No.2 in the latest MRF Tyres ICC Test batting rankings, a day after Indian side crashed to an innings and 159-run loss to England in the Lord's Test.
Kohli, who rose to 934 points attained the numero-uno spot by overtaking banned Australian Steve Smith last week, after low scores of 23 and 17 at the home of cricket, had now dropped to 919 points, 10 points behind Steve Smith (929).
Besides Kohli, vice-captain Ajinkya Rahane (23), and openers Lokesh...

Chhattisgarh Governor Balram Das Tandon died on Tuesday following a heart attack. He was 90 years old.
Tandon was rushed to Dr. Bhim Rao Ambedkar Memorial hospital in Raipur and was kept under the hospital’s intensive care unit.
Prime Minister Narendra Modi expressed his grief over the demise of veteran politician and one of the founder members of the Jan Sangh which later became Bhartiya Janta Party (BJP).
PM Modi said, “Saddened by the demise of Shri Balramji Dass Tandon, the Governor of...

Indian Oil Imports At A Record High In September

NEWS WORLD INDIA | 0

2063

|
October 21 , 2017 , 19:31 IST

India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand. India stands as the third largest importer of oil in the world. 4.2 percent more oil was shipped last month than in 2016 and about 19 percent more than August according to an analysis of Thomson Reuters.

Several refineries witnessed heavy maintenance in July-August. After coming online these refineries had to boost purchases to meet the demand.

Refiners had imported 18.81 million tonnes (about 4.45 million barrels a day) of crude oil during the same month in 2016, a 9.1% increase over 2015, according to the oil ministry’s Petroleum Planning & Analysis Cell. That was the highest level in data on the PPAC’s website going back to April 2009.

Maintenance turnaround at some refineries led to Indian Oil Corp deferring the shutdown of its 300,000 bpd coastal Paradip refinery to April-March.

During the first nine months of the year India's oil imports rose 1.8 percent to about 4.4 million bpd, with most supplies coming from the Middle East, followed by Africa and Latin America.

Indian fuel demand typically eases in the third quarter as monsoon rains hit construction, industrial activity and reduces consumption of transport fuels. That provides refiners with an opportunity to carry out maintenance. Capacity addition is also driving up India's oil imports.

India meets over 80 percent of its crude oil requirements through imports, has emerged as a bright spot for global oil demand as the the fastest economic expansion among major economies spurs increased use of trucks, cars and motorbikes. The International Energy Agency expects India to be the fastest-growing crude consumer in the world through 2040.

The South Asian nation is set to surpass China as the fastest-growing oil products market in Asia, with fuel demand growing by 6.1 percent in 2018, according to a recent report by the U.S. Energy Information Administration. FGE expects India's fuel demand to rise by about 4.5 percent this year to 4.2 million bpd and by 5.1-5.2 percent in 2018.